Box Inc. (BOX) Positioned for Double-Digit Growth Amid Product Expansion

Box, Inc. (NYSE:BOX) is one of the best affordable tech stocks to buy right now. On January 19, DA Davidson identified Box Inc (NYSE:BOX) as one of its top software stock picks for 2026. The firm also gave the stock a Buy rating.

DA Davidson said their Buy rating is supported by customers continuing to upgrade to the company’s Enterprise Advanced tier. The firm sees this as a catalyst for future sales growth.

Despite Box guiding total year over year revenue growth at 8% for calendar 2025, DA Davidson believes the company has a path to double-digit revenue growth beyond that level. The analysts pointed to seat growth trending better than expectations, and suggested that Box is gaining more users or expanding usage within existing accounts.

The firm emphasized that Box is realizing the high end of expected pricing uplift when customers upgrade, which the analysts said indicates that its monetization efforts are working as intended. It noted that Box’s 12x calendar year 2026 free cash flow, suggesting there is potential for multiple expansion if the company can demonstrate sustained growth.

Separately, Box Extract reached general availability on January 15. This product is Box’s latest expansion into intelligent content management, and which transforms how enterprises unlock value from unstructured data.

Box Extract is an AI-powered data extraction tool that automatically transforms unstructured enterprise content into structured, actionable metadata. Unlike traditional OCR tools that simply digitize text, Box Extract uses an “agentic” approach powered by leading generative AI models.

Box, Inc. (NYSE:BOX) provides cloud content management and collaboration software. Its platform integrates with applications such as Microsoft 365, Google Workspace, and Salesforce, and supports enterprise workflows in industries including healthcare, financial services, and government.

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Disclosure: None. This article is originally published at Insider Monkey.